Yesterday’s Case-Shiller Index was a reflection of November, December, and January market data. Here’s a local supplement to help map out what’s coming – and this is only through February:
This was in a fairly tight range of $400/sf to $450/sf for a couple of years. But six months ago, this metric went ballistic, and in that short of time it’s catapulted well into the $500s!
and yet, there are 3 “newly” listed houses that the doggo and I walk past every morning that are growing stale. One……maybe two of those listings are vacant. It would appear the listing agents just tacked on another 10% to the $/sqft, put the sign out front, and called it a day expecting multiple offers to come pouring in!!!
get good help indeed….